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    Essentials of Economics Study Set 5
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    Exam 16: Money,banks and the Reserve Bank of Australia
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    The Statement 'A Dell Laptop Costs $1600' Illustrates Which Function
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The Statement 'A Dell Laptop Costs $1600' Illustrates Which Function

Question 13

Question 13

Multiple Choice

The statement 'a Dell laptop costs $1600' illustrates which function of money?


A) Medium of exchange
B) Unit of account
C) Store of value
D) Standard of deferred payment

Correct Answer:

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